XML FeedsBridging the gap between the field and the lab: Environmental goods, policy maker input, and consequentiality
By CostBenefit on Oct 31, 2009 | In General, Academic Study/Journal Article, Contingent Valuation, Surveys,.., Environmental Economics / Ecological Economics, Socio-Political-Cognitive-Economics | Send feedback »
Link: http://dx.doi.org/10.1016/j.jeem.2009.04.007
Abstract: This paper explores the criterion validity of stated preference methods through experimental referenda that capture key characteristics of a stated preference survey for a proposed environmental program. In particular, Christian A. Vossler and Mary F. Evans investigate whether advisory referenda, where participant votes have either known or unknown weight in the policy decision, can elicit values comparable to that of a standard, incentive-compatible referendum. When participants regard their votes as consequential, their results suggest there is no elicitation bias with advisory referenda. For advisory referenda where participants view their votes as inconsequential, and for purely hypothetical referenda, the authors observe elicitation bias.
by Christian A. Vossler 1, and Mary F. Evans 2 and 3
1. Department of Economics and Institute for a Secure and Sustainable Environment, 527C Stokely Management Center, University of Tennessee, Knoxville, TN 37996-0550, USA
2. Department of Economics, University of Tennessee, Knoxville, TN 37996, USA
3. The Robert Day School of Economics and Finance, Claremont McKenna College, Claremont, CA 91711, USA
Journal of Environmental Economics and Management via Elsevier Science Direct www.ScienceDirect.com
Volume 58, Issue 3; November, 2009, pages 338-345
